Home again, despite foreclosure
As Catherine Lennon spoke with members of the press about moving back into her foreclosed home on Monday morning, her supportive neighbors said foreclosure actions, uncooperative lenders and robo-signers are destroying their neighborhood in the city’s Southwest Quadrant.
Investors drove home sales up 3.7 pct. in March
WASHINGTON, D.C. — Investors drove up U.S. home sales last month, plunking down cash to grab cheap homes at risk of foreclosure. But first-time homebuyers, who are crucial to a housing recovery, stayed away.
Underwater mortgages rise as home prices fall
The number of Americans who owe more on their mortgages than their homes are worth rose at the end of last year, preventing many people from selling their homes in an already weak housing market.
Underwater mortgages rise as home prices fall
WASHINGTON, D.C. — The number of Americans who owe more on their mortgages than their homes are worth rose at the end of last year, preventing many people from selling their homes in an already weak housing market.
Risk of foreclosure dips, but remains elevated
NEW YORK CITY — Fewer Americans fell behind on their mortgage payments in the final three months of last year, but foreclosures are still rising. The Mortgage Bankers Association says 8.2 percent of homeowners missed at least one mortgage payment ...
Mortgage default notices slow sharply in January
Fewer U.S. homes entered the foreclosure process in January than in any month in more than three years, the latest sign lenders are taking longer to move against homeowners who have fallen behind on mortgage payments.
Court rules against banks in pivotal mortgage case
BOSTON — The highest court in Massachusetts ruled against U.S. Bancorp and Wells Fargo & Co. on Friday in a widely watched mortgage foreclosure case that could have serious implications for the nation’s largest banks.
Profile: Lawyers who uncovered the foreclosure scandal
The tireless efforts of two Maine lawyers brought the “robo-signing” scandal to light this fall, and foreclosures across the country to a screeching halt.
Real Property Sales: Huntington National Bank v. Cornelius
Appellate Division, Third Department Real Property Sales First Refusal Options — Foreclosure Huntington National Bank v. Cornelius 508795 Appealed from Supreme Court, Columbia County Background: In September 1991, A. Michael Krieger purchased from defendant Victor Cornelius a one-half interest in Teviotdale, a historic home located in the Town of Livingston, Columbia County. As part of […[...]
Caught by mistake in the foreclosure web
Christopher Marconi was in the shower when he heard a loud banging on his door. By the time he grabbed a towel and hustled to his front step, a U.S. marshal’s sedan was peeling out of his driveway. Nailed to Marconi’s front door was a foreclosure summons from Wells Fargo ...
Administration faults firms in foreclosures
WASHINGTON, D.C. — An Obama administration official says a preliminary investigation into the foreclosure process found inexcusable breakdowns in the basic controls mortgage lenders should have been using.
Banks unlikely to quell doc mess
WASHINGTON, D.C. — Big lenders are trying to move past the foreclosure-document mess, saying they're now confident their paperwork is accurate. Yet they face so much organized resistance that they can't just snap up their briefcases, declare the crisis over and move on.
Case Digests
- Fourth Department – Breach of contract: Hausrath Landscape Maintenance Inc. v. Caravan Facilities Management LLC
- Second Circuit – New York Child Victim’s Act: Kane v. Mount Pleasant CSD; Coe v. Eastport Union Free School
- NYS Advisory Committee on Judicial Ethics – Appointing law clerk: Opinion 22-149
- Fourth Department – Bill of particulars: Harris v. Rome Memorial Hospital, et al.
- NYS Advisory Committee on Judicial Ethics – Accusations against co-judge: Opinion 22-148
- Fourth Department – Medicaid: Washington Center for Rehabilitation and Nursing Home v. NYS Dept. of Health
- Fourth Department – Criminal possession of a firearm: People v. Wilson
- Fourth Department – Promoting prostitution: People v. Watts
- Second Circuit – Class certification: Arkansas Teachers Retirement System V. Goldman Sachs Group Inc.
- Fourth Department – Show-up identification: People v. Waggoner
- Fourth Department – Association: Victory Village Tenants Assoc. v. Evergreen Communities, et al.
- Second Circuit – In personam jurisdiction: Kaplan v. Bank Saderat PLC
Law News
- Greenlight Networks selects Buffalo-based attorney as general counsel
- Barclay Damon hires attorney Matt Smith
- Rochester man sues Geneseo police, alleging false arrest, assault
- The Daily Record’s Power List for Intellectual Property 2023
- NY ethics panel says judges can join NRA
- Harter Secrest & Emery LLP names partner-in-charge of Buffalo office
- Banned professor sues SUNY Fredonia leaders
- Hochul signs law requiring unemployment insurance information from employers